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The Balances of Select Accounts of Elliott Company as of December

Question 87

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The balances of select accounts of Elliott Company as of December 31,2018 are given below:  Notes Payable-short-term $1,200 Salaries Payable 3,000 Notes Payable-long-term 20,000 Accounts Payable 3,500 Unearned Revenue 3,000 Interest Payable 2,400\begin{array} { | l | r | } \hline \text { Notes Payable-short-term } & \$ 1,200 \\\hline \text { Salaries Payable } & 3,000 \\\hline \text { Notes Payable-long-term } & 20,000 \\\hline \text { Accounts Payable } & 3,500 \\\hline \text { Unearned Revenue } & 3,000 \\\hline \text { Interest Payable } & 2,400 \\\hline\end{array} The Unearned Revenue is the amount of cash received for services to be rendered in January,2019.The Interest Payable is due on February 15,2019.What are the total current liabilities shown on the balance sheet at December 31,2018?


A) $5,900
B) $10,700
C) $13,100
D) $11,900

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